Jack Dorsey’s Block announces development of ‘full Bitcoin mining system’

Leverage may be gone but Bitcoin faces an uphill struggle and multiple potential resistance levels on the road back to all-time highs. 138 Total views 18 Total shares Bitcoin (BTC) rebounded to near $50,000 on Dec. 5 as traders continued to take stock of recent events.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewData from Cointelegraph Markets…

Blockchain trust company Paxos’ digital token backed by precious metals will be launched "definitely this year," said Paxos CEO, Chad Cascarilla in an interview with Fortune’s Balancing the Ledger on March 11.During the interview, Cascarilla was asked whether Paxos is working on a gold-backed coin, wherein he replied that “it is something we will see…

Prices of $42,000 per Bitcoin were more than enough ammunition for well-known Bitcoin bears to reload. 6727 Total views 23 Total shares As Bitcoin’s (BTC) price slides to 2022 lows, Bitcoin bears have come out to play. Popular names in the BTC space including FTX CEO Sam Bankman-Fried and John Carvalho heeded words of caution…

The U.S. Securities and Exchange Commission (SEC) has outlined a time frame for reviewing proposed rule changes related to a series of applications to list and trade various Bitcoin (BTC) exchange-traded funds (ETFs).The review period affects nine separate ETFs that have been proposed by three different applicants, according to documents filed by the SEC yesterday,…

Celsius halted withdrawals on the platform on Jun. 13 and filed for bankruptcy a month later on Jul. 14. Own this piece of crypto history Collect this article as NFTBankrupt crypto lender Celsius was granted an extension on its exclusivity period until Feb. 15, 2023. The court approval would give the troubled crypto lender another…

Halloween-themed cryptocurrencies are taking over the crypto ecosystem on Twitter, typically purchased as an off-the-shelf product providing no real use case or future for investors. 212 Total views 2 Total shares The crypto community never shies away from deploying new cryptocurrencies that are themed on current events, and Halloween was no exception. The industry saw…

Rumored upcoming crypto wallet regulation gains further opposition, this time from Cynthia Lummis, a recently elected Wyoming senator. 231 Total views 1 Total shares As per recent rumors, United States Secretary of the Treasury, Steven Mnuchin, could drop a stringent piece of crypto-related legislation before his expected exit at 2020’s end. The ruling could potentially…

Ledger has since attributed the exploit to a phishing attack on a former employee. More decentralized applications (DApps) have temporarily disabled their front-end user interface for Ledger Connect amid an exploit on Dec. 14.Developers of the nonfungible token (NFT) platform OpenSea said on Dec. 14 that users should “not connect to any dApps using Ledger